US Treasury supports bankruptcy law for Puerto Rico as August 1 deadline looms
Posted: July 29, 2015
US Treasury Secretary Jacob Lew said that creating a path as soon as possible to allow Puerto Rico’s government to [Read More]
Man Group’s performance fees double – assets at $78.8B
Posted: July 29, 2015
London-based Man Group said it had a $163 million pre-tax profit in the first half of the year compared with [Read More]
eVestment: Funds of funds outperform hedge funds over past 12 months: 6.65% versus 5.84%
Posted: July 28, 2015
eVestment’s just-released report on funds of funds shows that funds of funds outperformed hedge funds on an equal weighted absolute [Read More]
Orange County approves up to $76M to BlueMountain
Posted: July 28, 2015
Orange County Employees Retirement System, which has $12.6 billion in assets, approved up to $76 million allocation to BlueMountain Capital’s [Read More]
Greenlight hurt by gold position
Posted: July 28, 2015
Greenlight Capital’s flagship fund has lost 3.3% in the first half of 2015 while Greenlight Re (GLRE) is down 16%. [Read More]